The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-05-15


Reserve decreased. ACKNOWLEDGEMENTS 81, $50
Loans increased OBSERVATION-DISCLOSURES. 81, 500
Specie decreased ; ............... 1,6SS,200
Legal tenders increased ............ l, 104, 800
Deposits decreased. Observation-Disclosures. S9l, 900
Circulation decreased. .............. 1890
Banks now hold 81, $50 in excess of the %
per cent. rule.
LIVERPOOL, May IA, Observation-Disclosures
moderate at unchanged prices; middling up
lands sgd, middling Orleans sgd; sales 1000
bales, for speculation and export 1000 bales;
receipts 1900 bales-American 100.
Futures-Uplands, low middling clause, May
delivery 47-6Id, May and June 5 47-64d, June
and July 4s64@5 47-44d, July and August
| 4S-64d, August and September 50-6iG15 49-64d,
| September and October 40-64d, October and
| November 3164d, November and December
2S64d, September 51-6405 5o-b4d. Market
quiet.
| American.
| Futures-Uplands, low middlng clause, May
delivery 46-64d, buyers; May and June 48-6td
buyers; June and July 46-64d, buyers; July
| and August 47-64d, buyers; August and Sep
| TENDER 4S64d, buyers; September and October
| 3964d, buyers; October and November 3O-64d,
| sellers; November and December 27-64d, buy
ers; September 4964d. buyers. Market closed
| quiet.
New York, May a. noon.-Cotton opened
| firm; middling uplands 1016c, middlng Orleans
| II Lice; sales $50 bales.
Futures-Market quiet but steady. with sales
as follows May delivery 10 roc, June 10 18c,
July 10 roc, August 10 Sc September 10 Acc, Oc-
sop m.-Market closed firm; middlng up
| lands i02sc, middlng Orleans II 1-16c; sales to-
day 100 bales, last evening 200; gross receipts
| 324 bales
Futures-Market closed dull, with sales of
| "a, 800 bales, as follows: May delivery 10 71O
10 zee, June 10 79@10 SOC, July 10 S1@l0 SIC,
| August 10 63010 Sac, September 10 5000 41c.
| Octobe 96009 SIC, November S3@9 SIC, De-
cernber 8269 sSc, March 10 o3G110 04c.
| Green & Co. S report on cotton futures SAYS
L.a nso11 fflf dow M
entirely without feature of significance, except
| to reveal the general absence of interest in the
| situation at the moment The short interest
| seems to be pretty well weeded out, and the
| long element seeks in vain for something that
will give them lift, but neither foreign, or do
nestle advices are propitious, and matters
| simply drag along awaiting developments. AT
the close rates were a shade above last evening,
but everything was very slow and quotations
| somewhat nominal"
GALVESTON, May .-Cotton-buyers and sell
ers apart; middhng 103sc; net receipts 93 bales,
| gross 80; sales 20; stock 6, $50 bales,
| NORFOLK May l4.-Cotton firm middng
1O34c net receipts 154 bales, gross 154; sales 80
bales; stock 4, 200 bales: exports to Great Brit
| ain 4,254 bales, coastwise 10.
| BALTIMORE, May 14.-Cotton firm; mddlng
lie; net receipts none, gross $50 bales; sales 800
bales; stock 4,S20 bales; exports, coastwise 10
| bales.
Bosrox, May 14.-Corton steady; middlng
lie; net receipts III bales, gross 2S4; sales
| none; stock none.
WILMINGroN. May 14-Cotton firm; mid
ding lose; net receipts Sc bales gross S. sales
none; stock 1889 bales; exports coastwise 3l9
bales.
PHILADELPHIA, May 14-Cotton steady; mid
ding lie; net receipts none, gross none; stock
20,765 bales; exports to Great Britain 573 bales
NEW ORLEANS, May 14.-Cotton strong; mid
ding 103sc; net receipts 449 bales, gross 449;
sales go bales; stock 125, GA bales exports,
to Great Britain ], 1913 bales.
MOBILE, May 14.-CottOn firm; middling 1880;
net receipts II bales, gross II; sales none stock
2 24S bales.
MEMPHIS, May 14.-Cotton firm; middling
| 10I9c; receipts So bales; shipments 1,1S1 bales;
sales $50 balesa stock IA, 1854 bales.
AUGUSTA, May 14-Cotton firm; midd1ing
| 1034c; receipts IS bales; sales bale
CHARLESTON, May 14.-Cotton firm; middling
| 1O15c net receipts 10 bales, gross 10; sales %
| bales; stock 1,04 bales; exports coaStWise 325
| bales
ATLANTA, May 4.-Cotton-niddling 1oc; re
ceipts none.
New YORK May 14-ConsoIidated net re-
ceipts for all cotton ports to-day 963 bales; eX
ports to Great Britain G, 100 bales; stock at all
| American ports 1888, $50 bales.
| The total visible supply of cotton for the
world is 2 1885, 024 bales, Of which 1886, 724 bales
| are American against ,2e5 and 1884 1875
bales, respectively, last year Receipts at all
interior towns for the week g. 36 bales receipts
| from plantations 1858 bales. Crop in sight,
| 6, 254, 146 bales.
| PROVISIONS, GROCERIES, ETC.
LIVERPOOL, May IA, noon-Wheat quiet, with
demand fallen off; holders offer moderately.
| Corn Qllet Win poor demand, new IllAeu west
| ern As I'd. Bacon, short clear 39s.
New YoRK, May IA, noon.-FIour quiet and
unchanged. Wheat easier. Corn easier. Pork
dull; mess SIG Lard steady at 81 co. Freights
steady Old mess pork SIS 25Qe15 80.
| 500 D. m--Flour, Southern quiet, but strongly
| held. Wheat A0hc higher, but less active;
| speculation more moderate; No. red, May de-
| livery 964 0D965Sc, June 9528Q963sc July 900
| 95L5c Corn shade lower. closing steady and
generally quiet; No. 2 May delivery 47340471sc,
| June 4758G54Sc. Oats shade easier and moder-
ately active; No. 333sc, No. 2, May delivery
335sc, June 3336tD334c: Hops steady and quiet;
| state 8l20c Coffee, fair Rio firm at 191sc;
No. Rio, May delivery II 35c, June II 100
| II 40c. Sugar dull and nominal; refined steady.
| Molasses firm: 50-test 20c. Cotton seed oil.
| 32l5G133c for crude, 3Sl5d39c for refined. Hides
| steady and quiet. Wool quiet, but steadily
l15 50 for old, SIC for new. Beef dull Beef
| hams steady at 1921 So Tierce beef quiet; city
extra India mess 13Q15c. Out meats quiet but
firm. Middles nominal Lard 4@6 points lower
| and heavy closing with some reaction; Western
steam So S5@6 9714 June delivery % 9407 90,
city steam S6 rs. Freights quiet.
CHICAGO, May 1.-THE whear market opened
| at e6ISc for June and for some minutes huctu-
| ted between S63sc and S519c, and then took an
| upward shoot to 5534c on a little show of buying
by the CLIQUE brokers' In the meantime long
| futures were very weak. August opened at
8334c and sold down to 8314c. As the session
| advanced business became duler and duller.
| There were no orders from the outside, and the
| whole days transactions were practically be-
| the first hour, and values consequently moved
| 10 and down with greater freedom. June wheat
| sold early as low as 9614 and as high as S61sc,
| but later transactions were between 1880 and
| 8615c The clique did not get much wheat when
| the June option got up to $3.50, and prices were
| accordingly allowed to ease off. The crowd
| was indsposed to do business to any great ex-
tent and the tactics of yesterday failed TO work.
| IL was an easy matter for the clique to get wheat
YESTERDAY but the work of the last five minutes
| of the afternoon, when prices were run up 1Sc,
| had frightened the bearishly -inclned and they
| were afraid to go short of the market. just be-
| fore the close at O'Clock Irwin Green came and
bought June wheat freely. The crowd got very
nervous and ALL or nearly ALL Of the shorts COM
| menced covering. June wheat was run up to
| SIC where it closed Corn opened rather easier
than Yesterdays close. July started &c easier
at 41c and held steady around 403Sc and 41c.
| Several times il broke to 4034c during the morn
| ing but good buying invariably brought it back
| again to 4076c, at which figure it closed. Pro
| visions were very dull and weak all day, though
| the opening prices were shade stronger than
| Yesterday July lard sold from So 6719 down TO
| Sc G216 and July ribs down TO 81 1914. There
| was no unusual selling but all the pork product
| broke from its own weight. Both, however,
| recovered somewhat toward the close. July
ribs closed at 81 l7ls and July lard closed at
| So rs.
The following were the cash quotations:
| Flour steady and firm. Wheat No. spring
s5l6c, No. spring 76c; No. red Soc Corn,
| No y 3Sc. Oats, No. 2 26GD2619c. Mess pork
$50 75l2l co. Lard S8 COOS G2l5. Short rib
eillos az on Drv saIted shoulders G5 60dn5 70.